With attention continuing to surround the upcoming Telegram ICO, scammers are having a field day with fake webpagina after fake webpagina. To make things worse, the sites emerge to be successfully scamming people out of ems of thousands or possibly millions of dollars.
One of the most well waterput together sites of its type just launched and is already scamming people by the bucket explosion. Read on to find out more about what’s happening, and how you can avoid getting scammed by a fake ICO webpagina.
Telegram ICO hype
Since the white paper wasgoed leaked back te January, the internet has bot abuzz with excitement and rente ter the upcoming Telegram ICO. Overheen the last few years, Telegram has arguably become the ultimate choice for cryptocurrency project communications. Just look up any cryptocurrency project and you will likely find a Telegram verbinding.
Because of this special visibility ter the cryptocurrency world, the Telegram ICO has garnered an unbelievable amount of rente. Many ter the industry have suggested that the Telegram ICO could lightly televisiekanaal more than $1 billion te ICO funding, making it one of the most largest and successful ICO’s to date if it comes true. The ICO, or crowdsale, is still fairly a ways off tho’. Today, only specific, high nipt worth individuals are being given access to the presale.
With all this hype and talk of money flying around, it’s no doubt that the scammers used this to bait the hooks on their phishing sites.
The scammers attack
Te an article that appeared on Techcrunch back on January 20th, a large number of fraudulent fishing sites specifically targeting the Telegram ICO were already observed. According to the article, one of the most vooraanstaand fake websites, gramtoken.io, had claimed to have already collected $Five million.
While that webstek is already off-line, another one seems to have taken its place. This one, ico-telegram.org, which uses exactly the same vormgeving spil the one noted by Techcrunch claims to be 96% finish with its sale. When you click on the linksom to purchase the “gram” tokens, you are given a rechtstreeks deposit address to send bitcoin or ether.
According to Etherscan, the address given has already received almost 30 Ethereum or about $26,000 spil of today. The last transaction wasgoed just a little overheen an hour ago from when wij checked. That transaction wasgoed for Three.04 ether.
When wij checked the bitcoin address given by the phishing webpagina, wij found that it had no transactions and no balance. This, however, is not fully indicative that the scam webpagina has failed to receive any payment. This is because the webpagina could lightly switch the address each time a deposit is made.
The strangest thing about this scam is that it keeps attempting to talk about what it calls “gram tokens”. The webpagina falsely claims that thesis tokens are te fact the tokens that will be used by the Telegram network. The real tokens will most likely be called ‘TON’, for Telegram Open Network.
A fresh contender emerges
Spil wij mentioned before, thesis sites seem to be popping up left and right. The latest one to emerge is also arguably one of the most coaxing. This one calls itself telegramfoundation.org.
The webpagina has a very slick and persuading vormgeving style. It also lists all the information that a potential investor looking for the real Telegram ICO might be looking for. Unluckily, it is a finish fake and only exists to steal money from unsuspicious would-be investors.
The looks much more professional on the surface. It does not simply present the visitor with a deposit address. Instead, a user voorwaarde create an account and sign te.
A search for the webstek registration records exposes that the webpagina wasgoed registered on February 12th. It wasgoed registered te such a way that the individuals behind it are not known. Instead only a hosting company can be found. The hosting company is based ter Dominica and the registration company is from China. No other information is available.
Their modus operandi is clear. Trick people into thinking they are buying into what could be one of the greatest and most hyped ICO’s around. Then, take their contant and run.
How to avoid scams like this
Te the cryptocurrency world, this zuigeling of trick is not fresh. Phishing sites have pretty much always existed. Because it is so effortless, and also, so irreversible, cryptocurrency has become the volmaakt target for scammers.
Ter order to not get scammed, it is enormously significant that you understand what the juist web address is for the webpagina you want to visit. Scammers have bot known to pay web search engines like Google to waterput their webpagina at the top of the results above the real webpagina. MyEtherWallet is a common victim to this type of scam. Ter the case of Telegram, their official webpagina is telegram.org.
Once you know you’re at the juist webpagina, you now need to make sure that you get familiar with the terms of the ICO. For example, you should know the name of the token, the dates of the ICO, and how to contribute correctly.
Te addition to websites, it is paramount that you exercise even more caution when using a Telegram talk slagroom for an ICO. Ter the last few weeks, scammers have bot swarming Telegram talks for ICO’s and creating clone accounts to look like administrators of the various talk rooms.
They will then message you and ask you to send Ethereum or bitcoin directly to an address they will send you ter the talk. This is almost always fraud. Fine care should be exercised when someone on Telegram asks you to send cryptocurrency directly.
Featured Photo via Fotolia &, Telegram